Oil is one of the rare mineral commodities that sustain livelihoods, transportation and industrial processes across the world as one of the major sources of global energy. It is mainly produced by countries located astride ocean floors and also desserts, mostly Arab states in Africa, Asia, and some parts of Europe and Americas. In its crude form as a naturally occurring substance, it is found embedded in particular rocks on beneath the earth’s crust. It is from these crude oil that more refined petroleum products such as gas oil, naphtha, gasoline, kerosene, liquefied petroleum gas and petrol are ...
Essays on Tariff Barriers
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UAE Specific Trade Agreements
The UAE has become a very ineresting trading zone in the world. In order to ensure that there is peaceful and fair business practices, the UAE has employed the use of Trade agreements. The Gulf Cooperation Council (GCC) is the first one. Its main goal was to build on achievements made as well as make stronger the ties among its participant countries which further sort to harmonize their economic, financial, monetary policies, their commercial and industrial legislation and custom laws (Dubaided, 2016). It is applicable to the following trade zones; Bahrain; Kuwait; Oman; Qatar; Saudi Arabia; UAE. Greater Arab ...
Global Risk Assessment: New Alcohol Beverage Venture
Fundamentally, risk assessment entails identification and analysis of potential hazards that may occur in an organization and their resultant effects. The occurrence of risks often results in disruption of normal operations and performance of the affected entity. Before the formulation of a risk assessment strategy, due considerations must be given to nature as well as the causing agents. Risk assessment is essential for the success of an organization. Identification of potential hazards helps in determining the necessary and effective measures to be used in controlling them. Besides, protection of employees and the entire business enterprise is a state requirement ...
1.0 Introduction 1.1 Background information
International Agricultural trade is the exchange of Agricultural goods and services between countries following an agreed policy guideline. This kind of trade gives rise to a world agricultural economy, in which prices of agricultural goods and services, or their supply and demand, are affected by global events. An Agricultural product that is sold to the international market is an export while an agricultural product which is bought from the international market is an import. The agricultural exports and Imports are financially explained in the country's current account in the balance of payments. It ...